Just make sure you are saving towards those slow months during the peak months, buy a deal at the right price (don't overpay just because its a turnkey STR or you think it will make more money than projected), and look into ways to increase bookings during those slow months with some marketing and operation tweaks. 

., Richmond, and Detroit led rent increases, while Austin and Raleigh saw year-over-year declines due to high supply.

Based on that, do you anticipate increasing or decreasing your investments?

But if you put in the effort, Detroit can be incredibly rewarding.Over the last several years, the city has been on a steady upswing: population growth, major corporate investments, and increasing demand for housing are all positive indicators.

The neighborhood has seen a lot of revitalization in recent years, with an increasing demand for both residential and rental properties.

From the commercial side you have more ability to force appreciation by increasing the NOI. 

These files were standardized forms that many other lenders in the past have given me up front or not long after the initial engagement.

However, on the renting side, we have seen an increase in inventory of days on market too. 

Also if you get signed up for Pro it locks you in at that price and you are not subject to further price increases.

Increased revenue and decreased parking demand allowed us to carry income-restricted units as well.We originally planned on spinning it out into a brand, but we never had the bandwidth to do so.Our largest hurdle has been education as most of our tenants are coming in to rent traditional units.Investors did not love it.